"CHEUNG-CHAU'S NEED OF
COMMUNICATIONS. TWO LADIES ATTEMPT TO ROW TO HONGKONG.
IN SEARCH OF
MEDICAL AID.
THE HONGKONG DAILY PRESS, FRIDAY, MAY 20TH, 1981.
AFTER FOURTEEN YEARS, CHARGE OF FORGING A MORTGAGE DEED
The hearing was continued at the Magistracy, before Mr. R. E. Lindsell, yesterday afternoon, of the charge of A serious situation arose at Cheung-
forging a mortgage deed. It was chau on Tuesday. A European lady visitor was taken ill and exhibited such alleged that on February 2nd, 1907, alarming symptoms that medical aid forged mortgage deed was issued in respect of $4,000, borrowed on the secu seemed imperative. Unfortunately none
Irity of the Inland Lot comprising No. was available, and when an attempt was
1297, Queen's Hoad Central. The man made to summon assistance from Houg who is said to have signed the mortgage kong by the telephone at the Police deed, it was alleged, forged his brother's station it was found that the cable was name. Later the alleged forger left the out of order, and that the European country and went to live in America. He Bergeant was absent from the Island on
was not seen again by any of the parties duty, as frequently happens, leaving in interested antil April inst, when he was
but Indiana Head
arrested at the instance of the man who Chinese who did not understand English, lent the money. though at the time there were fifteen" white women and children in Cheung chau. The case, was so argent that two ladies, Mrs. Donnelly and Mrs. Archer, very pluckily decided to endeavour to pounded.
attendance
row
and
a 1. dinghy across to Hongkong,
COMPANY MEETING. L'ANTON INSURANCE OFFICE, LTD.
The fortieth ordinary meeting of this Company was held at noon, yesterday, at the offices of Mesers Jardine, Mathe- son & Co Ltd., Mr. D. G. M. Bernard presided and there were also present: The Hon. Sir Paul Chater, Sir Robert Ho Tung, Messrs: A. M. Bowes-Smith, E.-J. Chapman, T. E. Pearce, H.-W. Sassoon and H. P. White (consulting
roommitles) Mr. F. C. Hall (secretary) and Messrs. D. V. Stevenson, A. Mar. doch, Ho Kom Tong, Lo Cheung Shin, Ho Show Kit, Lo Man Hin, and Chin Siu Nam (abareholders).
COMPANY REPORT."
THE CHINA FIRE INSURANCE CO., LIMITED
The report of this Company states:--- The Directors have now the pleasure to subunit their annual report and state- ment of the Company's account made up to December 31st last.
1919 Account-This- necount shows a
net profit on working of $360,001:03 which sum it is proposed to apportion
fallows:-
||
Dividend of $7 and bonis of
$3 per share, on 80,000
$200,000.00 shares To add to reiusurance fund... 100,000.00 To add to extra reserve fund 100,000.00 To carry forward to under-
writing suspense à/o..... 185,591.01
1920 Account.—The balance at credit of this account is
$585,301.01
...,81,3003,270.81..
Directors. Mr. G. M. Dodwell and Mr. J. A. Plummer retire by rotation and being eligible offer themselves for re- election.
THE DIOCESAN SCHOOL.
APPEAL FOR $285,000 FOR REBUILDING.
The CHAIRMAN said:-Gentlemen,The report and accounts have now been in your hands for some days and I will, with your permission, take them as read. In 1910, the mortgage deed formed the am pleased to inform you that the subject of an action in the Supreme statement of accounts reveale a much Court, and it was then ordered by Mr. more satisfactory position of affairs than The Justice Gomperts to be cancelled and im-appeared probable a year ago.
balance for 1019, though much less than The defence is that the defendant never those for the two preceding years, is the third best the Company has known. The The defendant, Pang Yik Cho, describ-fall in exchange from sa 101d. on 31st December, 1918, to 34 Hd on 31st De cember last, has increased the dollar equivalent of our sterling revenue and this is reflected in the total premium in
At the request of the Bishop, the Rev. come for the year, which shows an in- W. T. Featherstone, Head Master, briefly R. Haywood, represented the complaincrease over 1918 of 857,518,77. This, how outlined the schema for transferring the not, and Mr. C. G. Alabaster, instructed over, is inore than set off by the consid-School from ite present cramped quarters,
a distance of nearly ten miles, for assist-signed the mortgage deed. " апсе. Fortunately, just as they were
Mr. F. C. Jenkin, instructed by Mr. G.
launching the bout a Chinese "carpentered in the charge as alias Pang Siu and his boy volunteered to accompany Chúon, hak Pang Kun" was charged then later on, when the news spread, with forging a mortgage deed and utter & Chinese saipan with five varsmien anding the same. a coxswain set out, overtook the dinghy about half-way across, and towed it the remainder of the distance, the journey occupying about two hours and a half. A doctor was then sumunobed and be went over to Cheung-chau by special launch, on which he returned with the patient to Hongkong.
by Mr. H. "C. Macnamara, of Messts. erable increase in losses of 8582,859.57. Deacon. Lonker: Deacon and Harston defended.
Premium income for the year 1920 shows an increase over 1919 of $1,800,000, Pang Ho frequently referred to indue in a measure to increased revenue the case, for the sake of clearness, as and also to the lower rate of exchange the real Pang Ho," was called, on at which" sterling revenue has been con-
Yesterday evening a well-attended- meeting of the Diocesan School Appsal Committee was held, under the chair manship of the R Rov Bishop of
Board Room. Victoris, in Messrs. Jardine, Matheson's
has been repeatedly urged upon the subperna for the complainant. He is one verted into dollars. This, I think, may which thoroughfares motor buses are ex-
to
of the persons who are finding bail for
the defendant.
Pang Ho said the property, No. 927, Queen's Road Central, was purchased by him and his brother, in 1003, for $28,000, ench supplying half the purchase price, was sold in March, 1916, for £20,500 The witness gave evidence of having bad several mortgages on the property from time to time and agreed that thesa transactions usually, if not always, took- place through different solicitors each time. mr. F. X. d'Almada, who cor- ducted the negotiations at the time of the alleged forgery, was not consulted on these various occasions when money was raised on the property. The witness had custody of the deeds except during a period when a person advancing money on the security of the deeds bad custody of them.
Since the Tai O tragedy the necessity Government, both in the Council Cham ber and in the columns of the Press, of allocating two European Police Officers to each out-station and of maintaining telephonic communication between them! and the Central Station in Hongkong Fitful attempts have been made. comply with these demands, but more often than not there has only been one Police officer at each place, the excuse being offered that the force is below its proper complement; while the telephone, which was installed at Cheung-chau on April 1st, 1979, has frequently been out of urder, the explanation being that it was an old he lent by the Military Authorities. In reply to a question on September 21st, 1919, the Colonial Secre tary stated that the cable had been found. The witness declared that he had never to be too defective to mimit of adequate repairs, so that communication would not be restored until a new, sable was laid. That cable, it was added, was ordered from Američa just at the time of the Armistice (in other words, nearly a year previously) and though nothing definité had been heard it was "thought possible" it has been shipped." Com munication has been possible from time to time since, but it looks very much il an old cable were still in use and as if the new cable, ordered two years and a half ago and thought to have been shipped more than eighteen months ago, has not been received yet.
SMUGGLED CIGARETTES.
LARGE BEIZURES BY REVENUE
OFFICERS..
be regarded as very satisfactory taking into consideration the dump in trade and acute competition which prevailed.
Analysis of the balance sheet will show that our assets, as expresed in sterling, stand at a lower figure than for 1919, while on the other hand as expressed in dollars they show an increase of over oue and three quarters millions. This is the effect of the fall, in exchange. The only item that calls for special mention is underwriting aspense account, which you will see has the very satisfactory amount of £100,813 Ta. Od. standing to its credit.
which retard its growth and usefulness by compelling it to refuse many appli cations from those desirous of being boarders, to a site of some 17 acres at Kowloon adjoining Yaumati: Railway. station and bounded on one side by the road from, Lai Chi Kok to Kowloon City and, on the other, by the road from Yaumati to Kowloon City, along both of
The cost of the essential buildings and pected to run in the near future, equipment is estimated at $450,000. Towards this sum it is anticipated that the Government will grant at least 3285,000 (mainly for the surrender of the site without premium, hus leaving Present site), besides giving the new $165,0x) to be raised by subscription. It is also epnsidered necessary to provide. an endowment fund of $100,000 in order to cover the most of maintaining orphans Bu meeting the increased cost of every- thing. An appeal is, to be made, there- fore, to the public for 8285,000.
For the purpose of considering ways. tive Committee was appointed by the and means of raising this sum an Execu iamenting, with the Hon. Mr. A. G. Stephen
Featherstone as Hon., Secretary. as Han. Treasurer, and the Rev. Mr..
The surplus to be dealt with $1,043,127.44, out of which has been paid an interim dividend of $18 per share, Icaving #86197.43, and we now recom mend the payment of a final dividend of 317, the addition of 350,000 to invest ment and exchange fluctuation nccount and the carrying of the balance of seen the alleged forged deed until it was 8843,197.43 to underwriting suspense ac shown him by Mr. Jenkin that afternoon, count to close 1919 and previous years, although he agreed that at his instigation The balance of 82,705,372.05 at credit of the deed was set aside by the Supreme1020 account is nearly a million dollars Court. He said he did not know the better than last year and fully justifies hand-writing of the two signatures, the payment of an interim dividend of
Pang Ho," on the document; they were 18 for that year. not his signatures.
The Court then adjourned.
A YOUNG ROGUE.
THE FAR EASTERN OLYMPIAD
8.C.A. FOOTBALL TEAM TO REPRESENT CHINA.
On Wednesday evening a farewell din ner was given to a large number of athletes by the South China Athletic Association in the special dining room of the On Lok Yuen Restaurant on the Occasion of their leaving for Shanghai to take part in the Far Eastern Olympic Games, beginning on May 30th.
This year, the B.C.A.A football team, consisting of the following players, is going to represent Chios again:Leung Chan So, Leang Tai Fong,
Tai Chung
Kau, Pang Kam. Wing Chung, Au Kit Sang, Fung Tai, Cheung Wing Sing and Kam Fook
Reserves: Lai Yuk Tat, Fok Ping Iu, Hui Shing Iu and Chan Kwong Iu.
AN the above with the arception of
-INTERNATIONAL BANKERS
ASSOCIATION. “
"IMPORTANT SHANGHAI
INNOVATION.
Gentlemen, last year my predecessor Another witness, who was standing made reference to the question of in surety for the defendant's appearance, creasing the dividend and this year your and who spoke English well, told the General Agents and Consulting Commit Court that he did not know the nature tee feel justified, owing to the increase had never discussed the case with the (which I may add is almost entirely due on the the 80 against the defendant; he is sevenue from interum au mirely cuts defendant, though he had known him for to the fall in exchange), in recommend over 20 years; and he had never hearding the payment of an additional 85. the word "mortgage" mentioned in card it might be thought the additionallts nection with the matter.
justify a greater increase but bearing in mind the vagaries of exchange we prefer to adopt a conservative policy in this connection by increasing the dividend tor." Fung Tai, who will leave by the figure which we can confidently hops Wenatchee on May 25th, left by the to maintain. With regard to the future control of Mr. Lay Fook Ki, the manager. Sunning, yesterday, at 3 p.m., under the the prospects of marine insurance are A Chinese lad was charged, before still somewhat obscure and business diffi- cult. The fall in values of both hulls Mr. H. P. Lindsell, at the Magistracy, and cargo, increased competition and yesterday, with picking the pocket of the introduction of over full conditions without adequate additional premium, Chinese and stealing 861 in notes,
which conditions onco granted-are The complainant said that on Wednesdifficult to withdraw, all give marins day afternoon be changed some Singapora underwriters cause for apprehension Exceedingly important results are likely notes into Hongkong money and was to the future Still, gentlemen, with
to ensue from a meeting of the Foreign proceeding to a remittance agency when, our reserves in a sound position and in Queen Victoria Street, the defendant the adoption of a cautious policy, the Bankers' Association, of Shanghai, which jostled him. He immediately felt bis Canton" can, face with confidence the took place on Thursday, May 12th."
The meeting was held to consider the pocket and found his money gone, He lean times which appear to lie ahead,
1 have nothing farther to add, but advisability of forming an International save chase to the defendant, who was stopped by a Chinese constable at the shali, be pleased to answer to the best Bankers Association, which should in- corner of Des Voeux Road. When the of my ability any questions arising out clude the Chinese as well as foreign defendant was searched by the constable, of the accounts which shareholders may banks and the Native Bankers' Guild: wish to put after the accounts them and as a result of the discussion and of selves have been duly seconded. I now other negotiations it is extremely prob- the money was found in his pocket.
The defendant's version of the story
following resolution:able that the association will be formed. cigarettes at defendant's house, No. 106, was that unother boy picked the com-Pat the report account is pre-The importance of such a body can Connaught Road West. There was no plainant's pocket and dropped the
money. The complainant chased, the sented, including the payment of a final hardly be overestimated. The native dividend in respect of the year 1919 of banks have in recent years gained great ond on the premises at the time, so he other boy, and as there was no one to 817 per share, and of an interim divi.strength, and the combination now pro left & Chinese revenue officer behind to claim the money, he picked it up and dend in respect of the year 1920 of $18 jected would be able to exert an influence
por share; the addition of 250,000 to to make representations on financial ques keep watch. The defendant arrived at put it in his pocket,
Both the complainant and the con-investment and exchange fluctuation actions in China with such weight as han stable in reply to the Magistrate, said count and of 8643,127.43 to underwriting never previously been available, that the defendant was the only boy who suspense account be adopted and passed. successful accomplishment of the project
Ho KOM TONG seconded, and the was running, N
report and accounts were adopted. Mr. Lo CHEUNG. SHu moved
Acting Chief Preventive Officer Watt at the Magistracy, yesterday, charged a Chinese with unlawful possession of £220,000
"Globe" brand, and 24,00 Doer" brand cigarettes on which duty had not been paid. The Inspector, acting on information received, seized five baskets containing the dutible
7 o'clock and was arrested, The informer saw the cigarettes being brought ashers from a Namtau launch and tracked the coolies to the defendant's house. -
The defendant said that the cigarettes were taken into his house during his absence and he knew nothing about them.
The Magistrate (Mr. Lindsell) imposed a. Eine of €700, or, in default, three months hard labour, and ordered the confiscation of the cigarettes,
Defendant: When did 1 run? I was walking when you came up and caught
Ime
The Magistrate: You are a little liar as well as a scoundrel.
The defendant's mother came forward, and the Magistrato naked her why she did not take mors care of her son. She said that her boy used to be a hawker, but Intely he had been refused a licence. Sho described him as a very quite and timid country ad, and said she had never known him to be so daring before.
The
deserves the best wishes of all the Chinese and foreign business communi- ties.-Y.-C. Daily News.
THE ASSAULT AT WISEMAN'S CAFE.
OF A FINE
That the Hon. Sir Paul -Chater, C.M.G., Sir Robert Ho Tung and Messrs, A. M. Bowes Smith, E. J. Chapman, T E Pearce, H. Sassoon and H. P. White be elected' to form, together with the Chairman of the DEFENDANT GIVEN THE OPTION
for Company, a Consulting Committee the ensuing Gnancial year, and, in view of the continued success of the Company and the very considerable increase in the raaguitude of ite opera tions, that the remuneration to this committee: bo increased to the
to the sum of Mr. STEVENSON Seconded and the mo-
938,000 per annum.
Another Chinese was charged with the The Magistrate: You can't tell me unlawful possession of 23,600 dutiable that this is his first offence. From what cigarettes. He said that he brought the I can see, und from the lies he has been cigarettes nahore from those wong-telling, he is a regular Aga vong chiattion was carried unanimously
(little rogue). He will have to serve Mr. Ho LEUNG moved the re-election three months at the Laichikok jail of Messrs. H. Percy Smith and AR The previous day, Mr. Lindsell tent Lowe as auditors, at a remuneration of another boy pickpocket to Laichikok for $750-eacherka a similar term, in order that he might he taught museful trade in the refor- matory there.
tung on the instructions of two-tallywen
on board. employed on
The Magistrate remanded the caso until to-day to give the defendant a chance of
• Bliding these mena
Mr. A. Murdock seconded and this was agreed to
This concluded the business
At the Magistracy, yesterday, Mr. Leo d'Almada mentioned the charge, brought the previous day against one of the boys at Wiseman's Café, of assaulting the Asulatant Manager of the establishment. The defendant was sentenced to ten days' imprisonment, and Mr. d'Almada asked that the sentence might be varied and the defendant given the option of a fine,
Mr. D.. M. Goodall, manager of Messrs. Wiseman's, Ltd., supported the request, to which the Magistrate acceded, and imposed a fine óf: 15.
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